New Rule/ Updating the partners or shareholders structure information of Mexican companies in the Federal Taxpayers´ Registry (RFC)
|To Our Clients and Friends:
Please be advised that on December 28, 2019, a new rule was published in the Official Gazette of the Federation, which mandates that any changes of Partners’ or Shareholders’ structure of Mexican companies must be notified to the RFC registration, that includes the name of the respective partner or shareholder and his/her/its tax ID number, using the electronic portal of the Tax Administration Service (“SAT”) with the taxpayers´ RFC and password. The new rule provides that such notice must be filed within 30 (thirty) business days following the date on which the corresponding change.
Also, please keep in mind that according to transitory article Forty Six of the Tax Miscellaneous Resolutions Rules for 2020 states that those Mexican companies that do not have the updated information of their partners or shareholders with the RFC for a one time basis may submit the respective notice no later than June 30, 2020.
Please go to http://dof.gob.mx/20191228-2.pdf (specifically rule 2.4.19 and transitory article Forty Six of the Tax Miscellaneous Resolutions Rules for 2020) and
http://dof.gob.mx/20191228-3.pdf (form 295/CFF of Exhibit 1-A of the Tax Miscellaneous Resolutions Rules for 2020) to see the Spanish version of the respective rules and requirements.
Please feel free to contact us, in the event you require more information on this new rule.
ERNESTO VELARDE-DANACHE, INC.
Mexican & International Lawyers